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Microsoft CEO Satya Nadella sends rare warning on AI at Davos, says there will be a ‘tell-tale’ sign of a bubble if…

Microsoft CEO and Chairman Satya Nadella on Tuesday issued a rare warning about the future of artificial intelligence, saying that if it stays limited to big tech companies and wealthy economies, and does not spread to other areas, the ongoing AI boom may turn into a bubble. Speaking at a session during the World Economic Forum Annual Meeting in Davos, Switzerland, Nadella said that the long-term success of AI would depend on the fast-advancing technology being used by a broad range of industries as well as through an adoption by countries outside the developed world. “For this not to be a bubble by definition, it requires that the benefits of this are much more evenly spread,” Nadella said, speaking at the forum.

Microsoft CEO Satya Nadella sends rare warning on AI at Davos, says there will be a ‘tell-tale’ sign of a bubble if…

Credit: Livemint

Key Highlights

  • It will be a "tell-tale" sign of a bubble if all the AI talk focused only on the supply side or the technology companies rather than an adoption by sectors across the industry, as per the Microsoft CEO.
  • In conversation with BlackRock Chair and CEO Laurence D.
  • Fink, Satya Nadella stressed that he was confident that AI would become more transformative across industries.
  • “I am much more confident that this is a technology that will, in fact, build on the rails of cloud and mobile, diffuse faster, bend the productivity curve and bring local surplus and economic growth all around the world,” he said.
  • He said the role of AI needs to be examined across all aspects of life, such as how it is helping pharma companies bring critical drugs faster to the market or accelerate their trials.
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Sources

  1. Microsoft CEO Satya Nadella sends rare warning on AI at Davos, says there will be a ‘tell-tale’ sign of a bubble if…

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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